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Discounting Future Reward in an Uncertain World. [PDF]
Story GW +8 more
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Comparing the Effectiveness of Cognitive Rehabilitation and Binaural Beats on Craving and Comorbidities of Sexual Hyperactivity: A Pilot, Exploratory Quasi-Experimental Study. [PDF]
Mousavi Z +5 more
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Evolving to the Impatience Trap: The Example of the Farmer-Sheriff Game [PDF]
David K Levine +3 more
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Decreasing Marginal Impatience in a Monetary Growth Model
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Decreasing marginal impatience in a two-country world economy
Journal of Economics, 2011zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Hirose, Ken-ichi, Ikeda, Shinsuke
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Decreasing impatience and the magnitude effect jointly contradict exponential discounting
Journal of Economic Theory, 2009zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Jawwad Noor
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ON DECREASING MARGINAL IMPATIENCE*
Japanese Economic Review, 2008One of the most controversial assumptions in endogenous time preference theory is that the degree of impatience is marginally increasing in wealth. We examine the implications of an empirically more relevant specification whereby time preference exhibits decreasing marginal impatience (DMI).
Ken-ichi Hirose, Shinsuke Ikeda
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Decreasing relative impatience
Journal of Economic Psychology, 2009Prelec (2004) showed that the Arrow-Pratt degree of convexity of the logarithm of the discount function can serve as a measure of decreasing impatience and of the corresponding time-inconsistency. In decision under risk and uncertainty the convexity of the utility function itself, not of its logarithm, has empirical meaning in terms of risk attitude ...
Kirsten I. M. Rohde
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Review of Social Economy, 2019
A variant of John Roemer’s accumulation economy is studied in which agents have identical payoff functions characterized by decreasing marginal impatience (DMI), such that time discount rates are d...
Gilbert L. Skillman
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A variant of John Roemer’s accumulation economy is studied in which agents have identical payoff functions characterized by decreasing marginal impatience (DMI), such that time discount rates are d...
Gilbert L. Skillman
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Decreasing marginal impatience destabilizes multi-country economies
Economic Modelling, 2015Abstract Despite the empirical evidence that consumers' degree of impatience decreases with wealth, the implication of decreasing marginal impatience (DMI) for general equilibrium dynamics has been insufficiently analyzed. By deriving the stability condition of multi-country equilibrium, we show that DMI is hardly compatible with stability.
K. Hirose, Shinsuke Ikeda
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